The NFT-game operator Animoca Brands announced the acquisition of Eden Games from Engine Gaming & Media. The studio is known as a developer of racing games, including Need for Speed: Porsche Unleashed, F1® Mobile Racing and the Gear.Club series.
1/ We are pleased to announce that today we acquired @EdenGames, the developer of @NeedforSpeed: @Porsche Unleashed, @gearclubthegame, @F1MobileRacing & more.
Read the full announcement at: https://t.co/iDNrevUn4v 🧵 pic.twitter.com/d9vD5HVSVx— Animoca Brands (@animocabrands) April 11, 2022
The deal was valued at $16 million.
According to the statement, the studio will work on existing and new blockchain-based racing games within the REVV Motorsport ecosystem.
Eden Games has long-standing partnerships with more than 30 automotive brands, including BMW, Bugatti, Porsche, Lotus, Pagani and others.
“With its twenty-five years of experience in creating high-quality racing video games, Eden Games will enhance and accelerate the development of the REVV Motorsport ecosystem and bring value to the community and the racing metaverse,” said Animoca Brands co-founder and chairman Yat Siu.
Back in February, the company bought the studio Grease Monkey Games for an undisclosed amount.